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Summer 2023: Altcoins to Keep an Eye On

Summer 2023: Altcoins to Keep an Eye On

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by Giorgi Kostiuk

3 hours ago


The cryptocurrency market is showing renewed vigor, leading investors to seek promising investments. Experts recommend focusing on a mix of popular names, growing altcoins, and newcomers in presales.

Yeti Ouro (YETIO)

Yeti Ouro recently launched with a capped supply of 1 billion tokens, with 5% of each transaction burned, driving scarcity as on-chain activity grows. In its presale, YETIO has raised over $4 million at a current price of $0.041 per token, indicating strong investor interest.

**GameFi Utility**

YETIO serves as the in-game currency for YetiGo, an upcoming racing game developed by veterans from major franchises (Call of Duty, Spider-Man). Players stake YETIO to enter elimination-style races, earning additional tokens based on performance.

Sui (SUI)

Sui is emerging as a smart contract platform based on Move, focused on low-latency transaction processing. Sui's 'Objects' model allows for instant finality and horizontal scaling. Its high throughput and minimal fees make it attractive for new projects, particularly as Ethereum gas prices increase.

Currently, the price of Sui stands at $3.67, with a market cap of $12.23 billion.

Cardano (ADA)

Cardano is known for its structured development process. The latest upgrades include the Hydra layer-2 scaling solution, which promises minimal fees. The launch of Voltaire governance empowers ADA holders to vote on network proposals, reinforcing decentralization. Cardano's focus on Africa and government partnerships sets it apart from other layer-1s.

As Bitcoin’s price rises, altcoins often follow suit. Investing in YETIO, SUI, or ADA could lead to substantial returns by autumn. It's essential to monitor on-chain metrics and developer announcements.

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